Today
Regal’s King says his hedge funds will recover from March madness
The high-profile stock picker says there are plenty of opportunities as he reassures rattled investors that a horror month can be turned around in the long term.
ASX edges lower, CBA at two-month high; gold nears $US3300
Shares flip to red in late trading; CBA up 1pc; Star’s ASX return; Nvidia off 6pc in after hours trading; China GDP rises ahead of tariff hikes. Follow live.
How these three growth funds are playing the tech slump
Some of Australia’s best performing funds, which rode the dazzling rally in Wall Street’s tech giants, have been confronted with a violent sell-off. Here’s what they did next.
Trump crisis only starting; MinRes turmoil; White’s new WiseTech job
Read everything that’s happened in the news so far today.
Yesterday
L1 Capital shorts the banks to defy a gloomy month for hedge funds
Even an astute call to short James Hardie, which saw its shares slump on a poorly received merger deal, was not enough to turn Ten Cap’s returns positive.
ASX lifts on tariff relief hopes; CSL up 2pc; Perpetual downgraded
Shares lift as CSL, banks rise; Trump mulls tariff relief for autos; UBS’ healthcare picks; Star unveils earnings; Bellevue Gold slumps 21pc. Follow live.
Drug tariffs coming; Taco Bell on block; No market bottom yet
Read everything that’s happened in the news so far today.
‘Flying without a safety net’: Don’t bet on a market bottom just yet
Goldman Sachs’ equities trading revenue soared last quarter and there are no signs of slowing in April. But we’re still firmly in the danger zone, here’s why.
Fundies say the ASX is too expensive (but they’re buying some stocks)
Investors are snapping up technology shares such as WiseTech and others in energy and healthcare, but remain cautious on expensive banks such as CBA.
This Month
Miners, CBA buoy ASX amid tariff relief hopes; Neuren soars
Shares, US futures lift; Macquarie downgraded; Aussie banks not exempt from tariffs, Citi says; Neuren rallies 21pc; Droneshield’s $32m contract; gold soars.
ASX rebounds; Labor’s climate wedge; Viktor Shvets’ tariff fears
Read everything that’s happened in the news so far today.
Viktor Shvets fears ‘Lehman Bros moment’ amid fresh tariff chaos
Has Donald Trump backed down on tech levies or not? As markets deal with confusion, this Macquarie expert is worried about something breaking in the shadows.
This short seller is scooping up ASX stocks amid the mayhem
Blackwattle hedge fund manager Ray David has been snapping up cheap companies after US President Donald Trump unleashed a wave of new tariffs last week.
Investors hope for ASX bounce as Trump walks back tariffs
Futures point to a modest rise on the S&P/ASX 200 on Monday, and fund managers are optimistic the White House’s damaging trade plans could be unwound.
Nightmare on Wall Street leaves traders questioning hopes and fears
Some investors see method in the madness, others only madness. Here are the long-term and short-term risks, and opportunities, in Donald Trump’s new world.
Time to go back to the basics and buy stocks like these
We, like almost every other investor on the planet, underestimated Trump’s resolve to reshape global trade and just how far he appears willing to go to do this.
Wall St recovers from early swoon as bond rout eases
The S&P 500 rallied 1.8 per cent to record its best week since November 2023, though volatility persisted with US-China trade relations in focus.
Investors find refuge on ASX as Wall Street giants lose their lustre
The slump in the S&P 500 and Nasdaq has been far more pronounced than the local market this week, just as traders dump the US government bond and greenback.
Trump’s trade ructions will end up disrupting banking and payments
European Central Bank president Christine Lagarde has lamented an almost exclusively American financial infrastructure. Others feel the same way.
ASX trims early loss as US futures rally; Evolution Mining soars
Shares down 0.8pc, US futures rise; Jarden upgrades MinRes; upside tipped for US stocks; gold miners rally as prices retake $US3200; oil rebounds. Follow live.
Trump isn’t kowtowing to the market – he’s doubling down
Investors need to be bold during these dark days. You want to be buying when the crowd is throwing the baby out with the bathwater.
Eight ideas on how to play a roller-coaster sharemarket
Uncertainty abounds – will global tariffs make a return? How far will a China trade war go? But some of our biggest investors are seeing big opportunities.
ASX sinks; Obesity is costing a fortune; Trump has no cunning plan
Read everything that’s happened in the news so far today.
A ‘classic emerging market crisis’ as investors flee US assets
The usual flight to safety toward long-term US government bonds occurred at first but has since very much reversed. The reversal shows no signs of slowing.
ASX adds $100b in best day since 2020; CBA up 3pc
Shares up 4.5pc after S&P500 jumps by most since 2008; US futures dip; miners, banks soar; Deutsche tips 25bps May rate cut; oil reverses course, $A tops US61¢.